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How to Break Out of Your Social Media Echo Chamber Platforms like Facebook are designed to profit from humans' confirmation bias. Here's how to restore balance to your feed........ social media platforms ensure we only get a single side of every story. ........ Social media companies therefore rely on adaptive algorithms to assess our interests and flood us with information that will keep us scrolling. The algorithms ignore the recency and frequency of what our friends are posting and instead focus on what we “like,” “retweet,” and “share” to keep feeding content that is similar to what we’ve indicated makes us comfortable.
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What Will the World Look Like in 2030? while these trends have been gathering pace for years, the pandemic is accelerating many of them .......... I am very bullish on sub-Saharan Africa because of their demographic dynamism, and because the biggest cities in Africa are growing and creating an expanding middle class. Now, only maybe 15% of the sub-Saharan African population is middle class. But that proportion is growing. That will change the world, because Africa will soon become the second most populous region in the world. .......... As a result of the pandemic, technology adoption has been progressing much faster, out of necessity. ......... We may have to consider very seriously ideas such as a universal basic income ........... universal basic income also has a business case. Remember, two-thirds of the American economy is [made up of household] consumption. If people don’t have jobs or don’t have well-paying jobs, then we need to compensate for that. ............ But if we add other functions or other uses to those digital tokens — like if they will help us vote, keep politicians in check or provide incentives for people to save the environment — then there is a bright future ahead for digital tokens. So instead of digital currency, I would say digital tokens, which would include a currency component to them. .......... and the pandemic only exacerbates inequality. Not everyone can work from the home, and therefore they have to expose themselves to the virus while taking public transportation to go to work. ........ Millennials right now are suffering from — for a second time during their adult lifetimes — a very difficult labor market. ........ We need to focus on two things. One is international collaboration among governments when it comes to climate change, but also in other areas like trade, where it is completely absent right now. The second one, which is the one that I push in my book, is we as individuals need to take ownership of this. We need to be less wasteful. We need to economize our resources. We need to be more pro-environment in our own behavior as consumers.
